For the tenth successive month, manufacturing activity grew in the United States, the Institute for Supply Management said this morning. The pace of growth declined, with the index tracking down from 60.4 to 59.7. But anything above 50 indicates an increase in activity, and economists expected the index More…
This morning, the Bureau of Labor Statistics released its report on job openings and labor turnover — known as JOLTS. It showed that the number of available positions increased nearly 50,000 to 2.7 million in March, but that the number of people looking for those jobs grew as well. More…
This morning, President Barack Obama addressed today’s positive jobs report and indicated that while the recovery is real, it remains fragile. In the statement, he addressed two weaknesses in the employment picture: small businesses, for whom credit remains frozen and which have not picked up hiring, and More…
This morning, the Bureau of Labor Statistics released a major report on April’s jobs numbers. The unemployment rate rose from 9.7 percent in March to 9.9 percent in April, but this was largely because the improving economic environment encouraged workers to rejoin the labor force, which includes both employed More…
Today, two companies — ADP, a payroll processor, and Challenger, Gray & Christmas, an outplacement consultancy — both reported employment numbers that reinforce that the recovery is happening, but jobs are coming back slowly.
Here’s the topline figures from Challenger:
After a 61 percent increase in March, the number
Economist and President of the Federal Reserve Bank of San Francisco Janet Yellen, whom President Obama nominated to become vice chairperson of the Federal Reserve board this morning, has responded to today’s events on her bank’s website:
Justice Sonia Sotomayor, the high court’s newest addition, was given the honor of issuing the first ruling of the Supreme Court’s term yesterday. On its face, the case — about the right to appeal a judge’s order to disclose confidential attorney-client communications — doesn’t look very controversial, and More…
The office of Rep. Tom Price (R-Ga.) sends over the news that he’ll be the ranking member on the Health, Employment, Labor, and Pensions (HELP) Subcommittee. The subtext is that the party is taking the health care fight more seriously; the previous point man on the issue was Rep. Roy More…
If you find yourself without a job and running low on cash, one alternative is to move back to your hometown, get some help from your parents, (even though you are a fully grown adult), and hope that local ties will lead to a new career. That’s becoming the new More…
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